Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Re: CAN RIPPLE SURVIVE?
by
Finestream
on 28/01/2021, 11:22:50 UTC
⭐ Merited by Ryker1 (1)
Another report came out a week ago that the UK treasury has classified XRP as non-security asset and this is different from the law suit by the US SEC filed against XRP.

I like this development, at least there are countries who favors Ripple here, and this will give some relief for investors.
UK and US are both big market, if Ripple will miss US due to their violation, but it's still good to have UK favor them, they will certainly survive.

Quote
Will this mean the XRP might be back to it's position in the Cryptocurrency community soon?

The damage has been done, climbing back to the spot where XRP was rank before is hard, unless US would change their view.